Saturday, June 28th, 2008
James Boughton and Colin Bradford published an article in the IMF-Magazine "Finance and Development" in December 2007 called "Global Governance: New Players, New Rules", in which they questioned the governance capability of the G8.
They define ideal global governance as such:
The ideal of global governance is a process of cooperative leadership ...
Posted in General | No Comments »
Thursday, June 26th, 2008
The overview of G8 Action Plan on Local Bond Markets lists a couple of documents that were mentioned in the implementation report to be published soon, but have not been published since:
IMF: "ABS in Emerging Markets: Recent Trends and Policy Implications"
Capital Markets Consultative Group (CMCG): Study about the Impediments ...
Posted in Memo | No Comments »
Wednesday, June 25th, 2008
The Document contains an overview of the G8 Action Plan on the developments of local currency bond markets and the implementation report.
The overview-report looks at the problems identified by the G8 Action Plans, Task delegated to various institutions and results given from the implementation report. It is subdivided into ten ...
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Sunday, June 22nd, 2008
This article discusses the membership of 43 key economies in the major international financial institutions. The aim is to assess whether the global financial architecture adequately incorporates the key economies. The article can also be found in this PDF-Document.
The chart (left) lists 21 international organizations. Some of them are grouped ...
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Wednesday, April 2nd, 2008
Institution: London Club
Abbreviation: -
Type: Private
Founded: 1976
Members Total: depends on Debt Case
Membership in: not applicable
Membership of: not applicable
Description: The London Club is an informal group of commercial banks that join together to negotiate their claims against a sovereign debtor. The debtor initiates a process in which a London Club "Advisory Committee" ...
Posted in Organisations | No Comments »
Wednesday, April 2nd, 2008
Institution: Group of 20
Abbreviation: G20
Type: Public
Founded: 2000
Members Total: 19
Membership in:
Membership of: IMF, Worldbank, ECB
Description: The G-20 is an informal forum that promotes discussion between industrial and emerging-market countries on key issues related to global economic stability. By contributing to the strengthening of the international financial architecture and providing opportunities for ...
Posted in Organisations | No Comments »
Wednesday, April 2nd, 2008
Institution: Group 22
Abbreviation: G22
Type: Public
Founded: 1998-1999
Members Total: 22
Membership in:
Membership of: BIS, IMF, OECD, World Bank, Chair of the Interim Committee
Description: In response to the crisis in Asia, Finance Ministers and Central Bank Governors from 22 systematically significant economies met in Washington, D.C. in April 1998 to examine issues related ...
Posted in Organisations | No Comments »
Wednesday, April 2nd, 2008
Institution: Group of 8
Abbreviation: G8
Type: Public
Founded: 1994
Members Total: 8
Membership in:
Membership of:
Description: The G-8 was conceived when Russia first participated in part of the 1994 Naples Summit of the G-7. Again in 1997, Russia joined the Denver Summit of the Eight, for political discussions, after the conclusion of the ...
Posted in Organisations | 2 Comments »
Wednesday, April 2nd, 2008
Institution: Group of 7
Abbreviation: G7
Type: Public
Founded: 1985
Members Total: 7
Membership in: not applicable
Membership of: not applicable
Description: Group of Seven is the meeting of the finance ministers from the group of seven industrialized nations. The Group of Seven (G-7) major industrial countries began to hold annual economic summits (meetings at the level ...
Posted in Organisations | 6 Comments »
Wednesday, April 2nd, 2008
Institution: Financial Action Task Force
Abbreviation: FATF
Type: Public
Founded: 1990
Members Total: 34
Membership in:
Membership of:
Description: The FATF develops mechanisms to counter the use of the financial system by criminals. It established a series of Recommendations in 1990, revised in 1996 and in 2003 to ensure that they remain up to date and ...
Posted in Organisations | 1 Comment »